Beijing pushes back after US adds Alibaba, Baidu and other Chinese tech firms to blacklist

Beijing pushes back after US adds Alibaba, Baidu and other Chinese tech firms to blacklist

China has strongly criticised the United States after Washington expanded its list of companies allegedly linked to China’s military, adding major tech players such as Alibaba and Baidu. The move has further strained already fragile relations between the world’s two largest economies. According to the US Department of Defense, the updated list includes around 80 […]

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Alibaba Commits to US$50 Billion AI and Cloud Investment Amid Tech Resurgence

Alibaba Commits to US$50 Billion AI and Cloud Investment Amid Tech Resurgence

BEIJING, Feb 24 — Chinese tech giant Alibaba has announced a bold investment of over US$50 billion (RM220 billion) in artificial intelligence and cloud computing over the next three years, signaling a renewed push for innovation and growth. The announcement comes just a week after co-founder Jack Ma was seen in a rare public meeting with President Xi Jinping. Tech Stocks […]

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